From Direct to Indirect Monetary Policy Instruments : the French Experience Reconsidered. /
If not carefully planned, the transition to indirect monetary policy instruments may result in a loss of control. The 1967-71 attempt in France failed because of a misconceived instrument-mix and sequencing. Credit controls, reintroduced in 1972, were only formally abolished in 1987. This paper attr...
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| Format: | Book |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
1991
Washington, D.C. : 1991 [Place of publication not identified] : 1991 |
| Series: | IMF Working Papers ;
Working Paper No. 91/33 IMF Working Papers ; Working Paper no. 91/33 IMF Working Papers; Working Paper ; No. 1991/033 IMF eLibrary |
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ISIL:US-NCD |
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